Dean College and Putnam Investments launch joint work/education program.FRANKLIN, Mass.--(BUSINESS WIRE)--Dec. 13, 1996 -- Dean College and money management firm Putnam Investments Putnam Investments was founded in 1937 by George Putnam. At the same time, he founded its first mutual fund offering, The George Putnam Fund of Boston.[1] Putnam has offices in London and Tokyo, and its headquarters is located in Boston, Massachusetts. announced today a work/education partnership. The Putnam Investments/Dean College Partnership will provide Dean College students with learning and work experience and Putnam Investments with a special employment base. The initial program consists of Putnam setting up work stations on Dean's campus for transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. purposes. From these work stations, Dean students, along with Putnam employees, will learn and work on transaction processing. Dr. Paula M. Rooney, president of Dean College, said, "Today, we are pleased to announce the creation of the Putnam Investments/Dean College Partnership program. The partnership term was chosen to describe the exciting relationship between our two organizations. In ongoing dialogs for more than seven months, we have jointly explored possible ways to work together and mutually benefit while enriching the students' learning environment. A Dean Partnership Steering Committee steer·ing committee n. A committee that sets agendas and schedules of business, as for a legislative body or other assemblage. steering committee Noun has helped us strategically consider partnerships between Putnam and other organizations. The Putnam/Dean Pathway is the first collaborative effort spawned by the Putnam Investments/ Dean College Partnership program." "Through personal experience, I remember the importance of having a job to earn my way through college," said Robert F. Lucey, senior managing director, chief of operations of Putnam Investments and member of the Dean College board of trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. . "Now, I see the value of a work/learn program from the perspective of business management and the contribution that engaged and trained students can make in the workplace." "This unique work/learning partnership between Putnam Investments and Dean College is a ready-made program to give students meaningful work combined with education and personal achievement," he said. "It is a model for the emerging concept for business and educational institutions joining together in linkages that further the advancement of college students." Lanny Kutakoff, vice president and Dean of the College added, "The "Pathway" couldn't be better orchestrated or·ches·trate tr.v. or·ches·trat·ed, or·ches·trat·ing, or·ches·trates 1. To compose or arrange (music) for performance by an orchestra. 2. or more appropriately conjoined conjoined /con·joined/ (kon-joind´) joined together; united. conjoined joined together. conjoined monsters two deformed fetuses fused together. -- learning as a pathway to work, work as a pathway to career and career as a pathway to self actualization Self-actualization is a term that has been used by various organismic psychology theories, often in slightly different ways (e.g., Goldstein, Maslow, Rogers). The term was originally introduced by the organismic theorist, Kurt Goldstein, for the motive to realize all of one's and self fulfillment. What makes this partnership unique and special is its equal emphasis on and appreciation for work and learning. It is the driving force behind the mutual support and excitement of both Putnam Investments and Dean College. We have a solid history replete with innovative initiatives and student successes. However, this partnership will help to advance the position of Dean as a cutting-edge institution. It will help prepare students to meet the demands and challenges for the next century. "We now have a program that embodies the true meaning and spirit of `experiential education' with the partnership," Kutakoff added. About Dean College Dean College, founded in 1865 in Franklin, Mass., is a two year, private, liberal arts college Liberal arts colleges are primarily colleges with an emphasis upon undergraduate study in the liberal arts. The Encyclopædia Britannica Concise offers the following definition of the liberal arts as a, "college or university curriculum aimed at imparting general knowledge serving more than 700 full-time and 1,000 part-time continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). students. With more than 13,000 alumni, the focus of the college is on educating students for transfer to baccalaureate institutions and entry into full-time employment in their field of study. About Putnam Investments Boston-based Putnam Investments is one of the oldest and largest money management firms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Currently, Putnam manages more than $170 billion in mutual fund and institutional assets for nearly 7 million individual accounts and 450 institutional accounts. The firm has a 1,200-person service center located in Franklin. CONTACT: Dean College Linda Turner, 508-541-1628 |
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